Auto Warranty Companies Fight For Your Business
auto warranty - The world of auto warranty companies is a fiercely competitive one. You will find a limited quantity of cars on the highway - granted, there are many them, and each one of them, at one point or still, has or had a warranty - however with the great number of companies fighting for the business of those drivers, this means that each and every car owner is the target of some very hungry sales reps.
This is definitely a daunting position to stay in to get a car owner. If you are investing in a new car from the dealership, or purchasing a used car, there will be people selling you their warranty services.
In the dealership, you might run into a pushy sales person who will try everything they are able to to get you to sign on for the extended warranty whenever you help make your initial purchase. You can find good things about buying during those times, including getting the costs from the warranty rolled up in to the financing for the car, and realizing that your dealership will continue being the spot to get any repairs or replacements done. However these comforts could end up costing you hundreds or lots of money over time. Sales agents make huge commissions on warranties, so they're eager to help you get to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will have to pay more up-front with those third-party companies, as opposed to adding a little number for your monthly car payment bills. Nevertheless it could very well save you money.
But as not every car sales representative is out to rip you off, not every third-party providers are excellent guys, either. The terms and conditions of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to gain you as a client, so use that to your advantage. Make a price comparison, take a look at all of the relation to the warranties offered, and tell the companies you consult with “hey, make me the most effective offer.” Someone else will if they can't.